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taken a step back on this debt ceiling standoff. should it be raised. this is how "the new york times" described it over the weekend. i'll put it up on the screen and have you react to it. backing down from the hardline stance, house republicans said friday they would agree to lift the limit for three months with the requirement that both chambers of congress pass a budget in that time to clear the way for negotiations on long-term deficit reduction, to add muscle to the efforts to bring democrats to the table, they would include a provision in the debt ceiling legislation saying that lawmakers will not be paid if they do not pass a budget blueprint. was it right to step back from challenging the president over raising the debt ceiling? >> well, i think the house proposal is a step in the right direction. no doubt the senate hasn't done it's job. it's been nearly four years since it's passed a budget. but it doesn't go nearly far enough. we have a crisis. i just got back last week from afghanistan. and i had multiple servicemen and women clasp me on the arm and say, please do somethin
of extending the debt ceiling three months, until april and clean, except for the fact they want to link it to the idea that both the house and the senate pass a budgetnd and if they don't they lose their pay? >> i think -- we don't think short-term is smart for the economy, 2-3 months still has uncertainty and we are very pleased to see the republicans in the house drop their previous position, which was, you know, they were only going to pay the bills, essentially, they racked up if that he got what they wanted from the deep spending cuts in medicare and other programs. so that is progress but what we need to do is, washington needs to start contributing certainty and help to the economy and if you talk to anybody in the country -- >> you will not veto a three-month extension, are you? >> again, i think that there is long term debt and short-term debt. i think we have made progress on the budget and cut spending, in 2011, the budget was cut over a trillion dollars and signed a -- >> you were forced into that by republicans. >> no, we weren't and we were sitting around the table with th
for the eurozone, as well, it's not just about the debt ceiling, they have to get the debt down. the debt ceiling may get raised, but it's not being tackled long-term. >> it seems every single time consistently we get the opposite outcome. which means some areas are consistent and it raises debt levels going forward. >> it seems to me as though we can't fix this one because democratically it's not possible. why? because there are so many verses who are automatically vote to increase the debt because the number of people who own entitlements or benefits is relatively high. and i think you're seeing this failure both in the u.s., in germany and to an extent in the uk. >> the trouble is for all of those economies maybe some of the european ones are under pressure by the government. but the problem is, if you look at issues in the u.s., they're just so low. there's no ability to cut in the long-term. how do you push through entitlement reform and address those issues, especially if there's no market pressure right now? >> my sense is that you don't. i don't understand how that can be achieved and, th
and pass a bill to yet another fight over the debt ceiling. the most important aspect of this legislation is though boat and the house today that it surrenders the hostage republicans took in a decoupled for the full faith and credit of the united states because social security and medicare or anything else. this is a clean debt limit increase. we'll set the precedent for future debt ceiling extensions will have to have. by passing this bill, republican joint democrat to say we will not hold the full faith and credit of the united states hostage. we will pay the bills we have incurred. over the last two years, the bipartisan budget control act has been in love is in place of the congressional budget. so folks, please, every time you hear republicans talking about are not having passed a budget, understand it is not true. in fact, republicans voted on the budget control act. they hope this passÉ. it was a law. as senator murray announced today, this year the senate will return to regular order in the budget resolution to the senate floor. the house republicans had to add a gimmick or to t
, and for very good reason. if what they're say something we're not going to play debt ceiling leverage anymore, which has obviously been the president's position, that's good. my feeling is it's probably the latter. i think there are enough kind of economic grown-ups in the room to really control the folks who have threatened to use that kind of leverage. >> but the senate has not had a budget resolution pass through the senate in, what is it, four years now? >> april, 2009. >> that feels to me pretty shameful frankly. i don't know the politics and i'm not exactly sure why that's the case, but isn't that a critical step in bridging the gap and making progress on these issues where you can not go to these sort of extra legal things like using the debt ceiling as leverage, but you can use the process as it is intended to be used. >> i agree, and it's an interesting quid pro quo for the republicans to agree to the first three months of extension of the debt ceiling. >> and to hold their own pay hostage. we won't pay ourselves. >> even though i think the debt plays better outside and holds more le
a deal the first time, the first time with a the debt ceiling 600 billion dollar number they came to and agreed to john boehner went over to the white house and ready to sign the deal and president obama said, no, make it 800, and moved the goal post and the mouse democrats say we'll punt this, kick the can down the road until april, the debt ceiling, let you raise the debt ceiling and violate the things we promised we wouldn't do to the people that elected us. in return, you guys, senate democrats come up with a budget and you haven't passed one in 1300 some days. chuck schumer says i'll make a deal and take you up on the offer guess what, in the new budget we're going to tax more, tax all you people to agreed to the deal that they just came to january 1st, that deal is done we'll keep that and give another, another bite of at that apple. stuart: this is a financial issue. it's a budget issue, so they need a straight up or down vote in the senate and the democrats have a majority in the senate, but i'll put it to you, a couple of democrats there, who are going to say we're not al
term. >> the house is getting set to vote on the republican debt ceiling proposal tomorrow. that delays the debt ceiling increase or increases the debt ceiling really until may 19th. it is contingent upon both houses of congress passing a budget or members of congress won't receive their paychecks, something the house votes on tomorrow. back to you. ashley: rich edson in d.c.. rich, thanks very much. tracy: well, president obama touched on many subjects in his inaugural address yesterday including immigration reforms, equal pay for women, and gay rights and climate change but there was one big, glaring omission. he failed to address the nation's current 7.8% unemployment rate. i'm not really sure how you could miss that actually. a big question to the speechwriters with that one. but important milestones coming up in the protracted fiscal negotiations including big vote tomorrow on the house to temporarily extend the debt ceiling now. many americans are wondering what legislators plan to do about jobs. joining us from both sides of the aisle, republican congressman trey gowdy from south
the congress you are going to see on debt ceiling. the republicans in the house are talking about a short-term view of that. it certainly would avoid disaster coming up for the end of march. you will still have the issue of raising it for the long term. on the republican side there is no real appetite to do that without the reforms. same for gun-control. a lot of the agenda items that the president announced last week, the 23 executive actions you will see taken piece by piece. the easiest one to accomplish will be those that come forward the fastest, and the same for immigration reform. there is a lot that could be done and a comprehensive approach, but i think you will see that come down to the very bare minimum that both sides are able to agree on. >> let me follow up with a vote that will happen on wednesday. that will give another three months and the extension of the debt limit. weird is that position? why delay that for three months? where does that put them in march and april? >> this is an acknowledgement that they have lost the debt ceiling essentially as a leveraged tool they h
an extension as bob reported on the debt ceiling maybe for a couple of months but notice how the republicans have placed a lot of contingencies on. that well unless you pass the budget by april we'll cut everybody's pay so we're going to have a series of cascading fiscal cliff-esque budget deadlines over the next several months and that really is the biggest threat to president obama's agenda. the things he talked about today whether it was on climate change immigration reform, gun safety. it's hard to do those things when you have as john pointed out leftovers from the first term. >> pelley: unity on monday, real politics on tuesday. norah and john, thank you very much. cbs news live coverage of the second inauguration of president obama will continue after these words. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it just makes it easier to go. dulcolax stool softener. make yourself comfortable. ♪ i dare you to dare me this winter? i've got a dare. ♪ re
's second term. the debt ceiling has been raised, at least temporarily, but there are still big decisions to be made. you specifically said in the last few days that your priority is to make a big down payment on the debt. a debt crisis that you see in this country. >> that's right. >> what do you specifically require? what's the priority? what has the president got to do in your point of view? >> i'll just explain what the speaker said when we passed that bill. our goal is to get cuts and reforms that put us on a path to balancing the budget in a decade. we think the senate ought to offer a budget. they haven't passed a budget in four years, even though we have a law that says we need a budget every year. we haven't seen any solutions offered by the president on how to get the budget balanced, pay down the debt, and no budget in four years. we need to figure out how to grow the economy, how to get opportunity. and if we have a debt crisis like they had in europe, everybody gets hurt. that's what we want to avoid. >> last week, senator schumer said, we'll do a budget. >> great. finally. i
's why i think you saw them retreat from the plan to push this debt ceiling issue immediately upon returning to work. so i think that there's a prospect for getting some things done. certainly on issues like immigration reform. there's a powerful impetus for there to be progress. i think we can make some. >> david, thank you very much. you're going to be leaving the president's side and starting an institute of politics at the university of chicago and we wish you all the luck in the world. >> you guys, i need you out there. >> nancy cordis is there as a number of the dignitaries begin to take their seats. what are you seeing? >> scott, there are 1,600 seats that have been set up on the west front terrace of the capitol. people who will be surrounding the president as he takes the oath of office. we are still awaiting the announcement of the dignitaries who will come out in groups. first, the nation's diplomatic core, the governor, then the cabinet, the joint chief of staff, and supreme court. and two former presidents, bill clinton and president carter who will both be in attendan
, martha, where they're cot delling together what could be a three-month extension of the debt ceiling to try to hammer out more spending cuts and coupled with chuck schumer, the man in charge of today's big inaugural event, more tax hikes. a lot of bruising to come as far as they settle this but they are a long way from settling it. martha: neil, that raises a bigger question. you look at the second term of fdr who dealt with obviously severe economic distress in this country. what happened was they relapsed. there is lot of concern if we do continue to raise taxes and small business owners who the president said are one of his priorities in the second term, but if their sense is their taxes are going higher, they will continue to pull in and get smaller and leaner and not hire i would imagine. so the big question is, where is the whole economy going to head if taxes are increased in other ways in this country? >> well you know the president spoke to quickly come back at the notion, if wall street is worried about this and companies are worried about this, investors are worried about
borrowing limit as soon as mid-february. so president obama will request congress to raise the debt ceiling once again. this is the fifth time the president has -- president obama has requested the debt limit be raised to allow the federal government to borrow and spend more money. but what is the point of even having a debt limit if congress simply extends the treasury's borrowing capacity each time the limit is reached? while some may say that it's irresponsible not to raise the debt limit, our nation finds itself at a point of such indebtedness that it is equally as irresponsible to extend the debt ceiling without significant reductions in federal spending. i voted against an increase to the debt limit two years ago and intend to vote against another increase unless we substantially change the way that government does business by reducing federal spending. in addition to it being alleged that it's irresponsible not to raise the debt ceiling, sometimes it's suggested that it's not compassionate to not spend money. where is the compassion in spending money that we don't have that's being b
colleagues for any kind of long-term inquiries in the debt ceiling. so let's get the process moving. no more brinksmanship, no more last-minute deals. the american people have already had to wait four years, four years for a budget from senate democrats. they shouldn't have to wait nearly as long for us to confront a debt that threatens the economy, our jobs and the future of our nation. yesterday, i laid out the remedies of the -- the realities of the fiscal challenges we face as a country. we've delayed facing them long enough. let's put the politics aside and finally do the work we were sent here to do. mr. president, i suggest the absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: quorum call: the presiding officer: the senator from colorado. mr. udall: mr. president, i'd ask unanimous consent that the quorum call be lifted. the presiding officer: without objection, so ordered. mr. udall: mr. president, i also ask unanimous consent i be recognized to speak for ten minutes as if in morning business. the presiding officer: without objection, so ordered.
't want to fight over the debt ceiling because you thought you can't do that, you have to pay the government's bills. do you think this fight over priority is worth shutting the government down? >> we're not interested in shutting the government down. what happens on march 1 is spending goes down automatically. march 27 is when the moment you're talking about, the continuing resolution expires. we are more than happy to keep spending at those levels going on into the future while we debate how to balance the budget, grow the economy, create economic opportunity. that's the kind of debate the country deserves. by the way, if we keep going down this path, we will have a debt crisis. it's not an if question. it's a when question. this isn't a republican or democrat thing. it's a math thing. we have to get serious with this problem if we want to save people from the problems that result from a debt crisis. >> let me challenge you from a critic further on the left. a lot of the centrist economists may disagree with you in some areas but agree about the impending debt crisis. some o
washington d.c. first the fiscal cliff, debt ceiling, joe biden's uncontrolled task force. these are sideshows we've allowed to take center stage in our country. as conservatives can with all the sideshow track. all of these debates are about government. governments and government power are the leading lady and they demanded government today. today's conservatives and disrupted the solving the hideous mess that is the federal budget, the mammoth federal debt, shortfall in entitlement programs. we seem to have an obsession with government bookkeeping. this is the wrong game for us to play. today's the fiscal cliff, tomorrow the fiscal armageddon. but i've got news for you. our government to stop the fiscal cliff. it happened years ago and every year for many years. today's conservatism is in love. if we can unite behind a proposal to cut the deficit and debt and put together a spreadsheet and powerpoint and tv out, all will be well. the succession procedures is focused on government. by accessing the service on the budget spreadsheet within a not-so-subtle signal to focus o
in the last few days, the republicans have made some offers with respect to the debt ceiling and i've seen some republicans talking about immigration reform. so maybe we are on a roll. but i wouldn't bet on it yet. >> i, too, noticed those offers on things like the debt ceiling. but, general, what you've -- there's the real first couple of new york and washington, d.c. beyonce and jay-z entering. that will get a lot of attention. we just missed james taylor coming down the stairs. general, there's just flat out hatred out there, too. there is nastiness out there in the land. there's nastiness between these two parties. there's the president and mrs. carter. how do we fix that? let's especially go to the republican party. they've got -- they've been -- they've been caucusing. they've been quite literally in retreat these past few days. house republicans. what do they do to widen, if it is in their interests, widen their doorway to membership, to entry? >> well, as i've been saying and sat with david gregory the other day, the party is not where the american people have been in recent years.
. that has to change. [applause] now, the house won't consider another debt ceiling increase unless the senate passes a budget. and we're not going to just keep raising the debt ceiling. we're going to make a down payment on debt reduction, and we're going to point the country in the right direction, we're going to cut spending. [applause] you know, there will be times p when conservatives disagree on the way forward. we've never marched in lockstep. that's not what we do. a healthy debate is a good and needed thing. we can deliberate in private without fighting in public. all we should ask of each other is that we give an honest account of our actions and their reasons for them. we should challenge the left, not each other. and if we take the prudent course, you know what? we'll be in really good company. our founders were men of prudence. take james madison. nowadays we call him the founder, the father of the constitution. but at the constitutional convention, he lost some key arguments. you know, he fought the plan to give each state the same number of seats in the senate. he tho
limit, previous congresses and handle the and whether the president and raise the debt ceiling without congressional approval. live coverage begins at 9:30 eastern on c-span3. >> from the very start, organize militaries have always spent a lot of their time fighting and conventional, your regular warfare. you know what? those terms don't make a heck of a lot of sense. that is one of the big take aways i had from doing six years of reading and research for this book. the way we think about this subject is all messed up. we think that somehow conventional warfare is the norm, the way you modify is to have conventional armies plugging it out in the open but the reality is those of always been the exception. think about more modern world. what was the last conventional war? this is a hard question to answer because it was the russian invasion of georgia in 2008 which didn't last very long and yet all over the world today there are people dying in war whether it is afghanistan or molly or syria or condo or me and our or colombia. all these people are victims being ravaged by unconventional
you, in case you missed it, the house passed a bill yesterday suspending the debt ceiling. here is a baltimore sun piece. also on page 6 of "the baltimore sun" is a picture of john boehner and says -- they show the speaker in a photo saying it would cut the deficit twice as fast as other plants. the speaker is also out there making a speech to the society. the headline basically says this -- his focus is basically to annihilate the republican party. here's a look at you to but. [video clip] >> from what we heard yesterday, it is pretty clear to me -- it should be clear to all you he knows he cannot do any of that as long as the house is controlled by republicans. we are expecting over the next 22 months to be the focus of this administration as they attempt to annihilate the republican party. i do believe that is their goal. and just to shut us into the dustbin of history. host: these were remarks to the ripon society. they go on to write to that the transcripts or accurate, and noted that the speaker regularly attends the event. perhaps we will hear more about this in the days
a vote on the debt ceiling. so it just -- >> on wednesday. >> only gets better. >> yeah. at this point, we are in the middle of a process of governing that's going to get very hot very fast this week with the debt ceiling vote in the house and potentially a filibuster vote in the senate. the president speaking to some of those matters at least in the second inaugural. not a state of the union but had a lot of specifics in it. you are watching msnbc's live continuing coverage of president obama's second inauguration. we'll be right back. have given way to sleeping. tossing and turning where sleepless nights yield to restful sleep. and lunesta®(eszopiclone) can help you get there. like it has for so many people before. when taking lunesta, don't drive or operate machinery until you feel fully awake. walking, eating, driving, or engaging in other activities while asleep, without remembering it the next day, have been reported. lunesta should not be taken together with alcohol. abnormal behaviors may include aggressiveness, agitation, hallucinations, or confusion. in depressed patients, w
and a trillion dollar increase in the debt ceiling. it's out there. that's not going to work. but with president obama, with his skills, if he calls together simpson and bowles or his advisors and says here is my plan to save medicare, here is my plan to save medicaid, here is my plan to fix the debt, i want bipartisan support to do that, he will get it. now, at first because it's a difficult issue, everybody will say oh, no, we can't do it that way, and then we'll sit dn and talk and we'll come up with a result. and i think the republican leader has shown that he is prepared and willing to do that. he has said it. he's done it on other issues. i don't know what else the rest of us can do to show -- to show that, so what i am trying to respectfully say today, as much as anything, to the president of the united states, is congratulations on your inauguration. i was there. i was proud to participate in it for a chance to say for a minute and a half why we celebrate for the 57th time the inauguration of an american president, we celebrate it because our country is distinguished from most of the oth
're coming into it with bad feelings because the spending cuts and the debt ceiling, spending was pushed out of this big compromise that scared us with the word "cliff" that was somehow created by the media. where we stand today, the president hitting the note of we, the people, we have to work together seems to be somewhat of an effective flash point because people are there and see it nowhere more than on economic questions. so when we were asking people around the country what do you want to see? going together, almost like a couple were two ideas, one, you have to stop the left/right game. it's too much. we know that is your game but you must stop it and he seemed to respond to that. where they want to see that stop the most is on the creation of jobs. they condemn the stock market. that 'not where the country is. we're hurting and you'll see it. here's what people had to say about what they want the president to do, what he must do to succeed when it comes to the economy. ♪ >> i want to tell the president about the economy to stop spending money that we don't have. it's nice to want t
Search Results 0 to 40 of about 41 (some duplicates have been removed)

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